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Sonoco (SON) director Whiddon credited 825.9 phantom stock units in deferred plan

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sonoco Products Company director reports routine phantom stock grant. Director Thomas E. Whiddon filed a Form 4 showing an acquisition of 825.9 phantom stock units on 12/12/2025. Each phantom stock unit is the economic equivalent of one share of Sonoco Products Company common stock and is credited under the company’s directors’ deferred compensation plan.

The units were acquired in connection with a quarterly dividend under this plan and will be settled in Sonoco common stock when the director retires or otherwise leaves board service. Following this transaction, Whiddon beneficially owns 66,162.7 phantom stock units on a direct basis, further aligning his deferred compensation with Sonoco’s share performance.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WHIDDON THOMAS E

(Last) (First) (Middle)
ONE NORTH SECOND ST
P O BOX 160

(Street)
HARTSVILLE SC 29551-0160

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SONOCO PRODUCTS CO [ SON ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/12/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Units (1) 12/12/2025 A 825.9 (2) (2) Common Stock 825.9 $41.93 66,162.7 D
Explanation of Responses:
1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
2. Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.
By: Elizabeth R. Kremer - Power of Attorney for Thomas E. Whiddon 12/12/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Sonoco (SON) disclose in this Form 4 filing?

The filing reports that director Thomas E. Whiddon acquired 825.9 phantom stock units tied to Sonoco Products Company common stock on 12/12/2025 under a directors’ deferred compensation plan.

How many Sonoco (SON) phantom stock units does the director hold after the transaction?

After the reported transaction, Thomas E. Whiddon beneficially owns 66,162.7 phantom stock units, all reported as held directly.

What is a phantom stock unit in the context of Sonoco (SON)?

Each phantom stock unit is described as the economic equivalent of one share of Sonoco Products Company common stock, meaning its value tracks the value of an actual Sonoco share but is settled later under the compensation plan.

Why did the Sonoco (SON) director receive 825.9 phantom stock units?

The 825.9 phantom stock units were acquired on a quarterly dividend credited to Sonoco Products Company’s directors’ deferred compensation plan, as explained in the filing.

When will the Sonoco (SON) phantom stock units be settled for the director?

The filing states that the phantom stock units will be settled upon the reporting person’s retirement or other termination of service from Sonoco’s board.

What was the reference price for the Sonoco (SON) phantom stock transaction?

The derivative line for the phantom stock units shows a price of $41.93 associated with the underlying Sonoco common stock.
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